Alys Beach Real Estate News

Southwest Airline coming to the Panhandle on May 2010

john@themoranteam.com (John@themoranteam.com) — Thu, 22 Oct 2009 19:09:00 +0000

The St. Joe Company and Southwest Airlines announced a strategic alliance providing for the commencement of air service to Northwest Florida’s new international airport near Panama City Beach, Florida in May 2010.

The Bay County Tourism Development Council, Coastal Vision 300 and the South Walton Tourism Development Council have been working together with local groups to promote the opening of the Northwest Florida International Airport in Panama City.

Southwest Airlines is bringing low fares and excellent service to the Emerald Coast just in time for the 2010 summer vacation season! Southwest’s entry into the Panama City market will make it more accessible and affordable for people in other states to enjoy sugar-white-sand beaches, incredibly gentle blue waters, and an amazing variety of visitor accommodations that Northwest Florida has to offer. You can start booking your tickets on December 2009, there will be eight flights a day to and from four cities with a daily capacity of 2000 passengers. They have not yet announced specific schedules or which cities will be serviced by direct flights.

Bill Owen – Lead Planner in the Schedule Planning Department for Southwest Airlines said “If you’ve never visited the Panama City area, believe me, you have an incredible treat in store. I’m already planning my family’s vacation there next summer.”

Check out www.atthebeachfl.com for pictures and things to do in the South Walton area and www.atthebeachdestin.com for the Destin area.

Panama City Airport Name Not Satisfactory

john@themoranteam.com (John@themoranteam.com) — Thu, 15 Oct 2009 17:03:00 +0000

There is a great deal of people unhappy with the name of the new airport opening May 2010 in Bay County.

“Several members of the Bay County Commission and the Panama City Beach City Council, along with Mayor Gayle Oberst, have expressed disappointment with the new name for the Panama City airport.”

The members of the Airport Authority may or may not reconsider changing the new name. I hope they do since it will be very confusing to have two airport with the name so similar.

“Greg Donovan, Director of Northwest Florida Regional Airport in Okaloosa County, said he would like the Panama City airport officials to readdress their name.

We have worked over a year in branding. We think it’s poor choice for them to have a name that so closely affiliates with a brand we are doing.”

I will let you know more about this issue on my blog.

Check out our website AtTheBeachDestin.com for more real estate and condo news and AtTheBeachFL.com for real estate on 30A

Changes Coming in PMI Requirments?

john@themoranteam.com (John@themoranteam.com) — Wed, 30 Sep 2009 21:09:00 +0000

Thumbs Up For the Real Estate Market!

Could Good News Be Coming For The Real Estate Market?

I was reading the Realty Times, a newsletter about real estate, and Kenneth R. Harney wrote something I found very interesting that may impact Destin Condo For Sale.

the private mortgage insurance industry, which virtually eliminated low-downpayment financing opportunities in many markets during the past year by declaring them “declining” or “distressed,” has begun reversing course.

Genworth Mortgage Insurance Company last week removed 63 of its 68 previous designations of “declining markets.” That should open up non-FHA cash-out refinancings and low-downpayment home purchase mortgages to thousands of people who’d been squeezed out under the old rules.

I have a couple of my banker friends looking into what, if any, impact this will have on Destin Condos For Sale and will post what I find out soon. For more information give us a call or text us at 850-217-7618.

You can also find out more about Alys Beach Foreclosures and Short Sales by going to the At The Beach Alys Beach website and the At The Beach FL for information about South Walton County Condo Foreclosures and Short Sales. Also be on the lookout for At The Beach Panama City which should be up and running soon!

Panama City Bay County International Airport

john@themoranteam.com (John@themoranteam.com) — Thu, 17 Sep 2009 16:51:00 +0000

Panama City Bay County International Airport has been under construction since January 2008. This is the first airport built in the United States since 9/11. Northwest Florida is expecting the grand opening in late May 2010!

Airport authorities are brain storming for airport names and will decide on a name on September 22nd, when they meet again. They are asking members of the public for suggestions, email newpfn@gmail.com to present your ideas to the Board members.

The Panama City – Bay County International Airport Authority is going to have some of the latest equipment in security technology called The Checked Baggage Inspection System. This equipment is designed to enhance screening capabilities and airport safety and also facilitate customer service.

For more information about the new airport and the new baggage screening equipment go to http://newpcairport.com/

The Name Changes, But The Same Great Service Remains

john@themoranteam.com (John@themoranteam.com) — Wed, 02 Sep 2009 18:46:00 +0000

Name Change For The Moran Team

In a move to carry the business forward Keller Williams Realty’s The Moran Team has changed it name to Keller Williams Realty’s AT THE BEACH TEAM. The change reflects the company’s philosophy away from a singular focus on John and Kris Moran to the benefits of working with a team of highly qualified realtors and support staff.

Where We Are

The Moran Team, headed up by John & Kris Moran, has built a very successful business over that past five years and is now recognized as one of the top ranking real estate teams in the area. According to recent Emerald Coast Association of Realtors statistics The Moran Team sells more condos than all but a handful of agents, has a higher list to sales price ratio than average and sells their listings 3 times faster than average. The current Average Days On Market for the board is 238 days while The Moran Team’s is only 71!

Where We Are Going

We have worked very hard to develop the skills required to succeed in a very challenging market and have developed systems that will allow us to continue grow well into the future. We are now beginning a phase of growth where we are adding realtors to service new areas for us. The first agent to join the AT THE BEACH TEAM is John Skinner who will be servicing the Panama City Beach market. You can learn more about him on the about section of the Panama City Beach Real Estate News website.

Where You Can Find Us

Some of the other areas Keller Williams Realty’s AT THE BEACH TEAM covers is Destin Real Estate, Kelly Plantation Homes For Sale, Regatta Bay Homes For Sale, Sandestin Real Estate, Grayton Beach Real Estate, Watercolor Real Estate, Seaside Real Estate, Watersound Real Estate, Rosemary Beach Real Estate, Seacrest Beach Real Estate and Rosemary Beach Real Estate.

Alys Beach Real Estate Report

john@themoranteam.com (John@themoranteam.com) — Sat, 10 Jan 2009 12:12:00 +0000

Photo of home for sale in Alys Beach Florida

If you want to be successful as a real estate investor you have to know what is happening in the market place. 2008 was a tough year for people selling real estate in Alys Beach Florida in terms of the number of properties sold (4) but still pretty good in terms of sales prices - three of the four sales were for more than $2 million dollars! Lets take a look at Alys Beach home sales in 2008.

Homes Sold in Alys Beach Florida

Total Number of Homes Sold (YE-2008):4
Low Price: $1,350,000
High Price: $3,515,000
Average Price: $2,456,250
Average Days On Market: 430

Houses For Sale in Alys Beach Florida (Jan. 10, 2009)

Total Number of Houses For Sale:16
Low Price: $1,845,000
High Price: $3,450,000
Average Price: $2,341,875
Average Days On Market: 313

Investing In Land At The Beach - especially in Alys Beach Florida - is a great way to to find the ideal spot for a second home or vacation getaway at a much lower cost. But watch out beacuse real estate values can change dramatically as we have seen nationally and in South Walton County in 2008. This makes it paramount that investors in Alys Beach Florida real estate stay on top of Alys Beach Florida real estate. So lets take a look at what happened in 2009.

Vacant Land Lots Sold in Alys Beach Florida

Total Number of Vacant Land Losts Sold (YE-2008):4
Low Price: $400,000
High Price: $1,825,000
Average Price: $864,250
Average Days On Market: 158

Vacant Land Lots For Sale in Alys Beach Florida (Jan.10, 2009)

Total Number of Vacant Land Lots For Sale:6
Low Price: $415,000
High Price: $1,354,000
Average Price: $923,167
Average Days On Market: 272

Note: There are currently no foreclosures or short sales in Alys Beach. If you would like to see short sale and foreclosure properties in South Walton County Florida simply go to real estate page on the At The Beach website.